The Organisation for Economic Cooperation and Development issued a press release in Paris this afternoon saying: 25/08/2016 – In a ceremony at OECD Headquarters in Paris today, Burkina Faso, Malaysia, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Samoa signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, bringing the number Read the Rest…

I mentioned earlier today that there was a chance that if the OECD applied its new tax haven criteria correctly that the USA, Israel and Turkey might join the more usual suspects on a list of tax havens. Now the Tax Justice Network has published a press release summarising the ruses used to ensure that Read the Rest…

The OECD is presenting its new criteria for states to be considered cooperative in tackling tax abuse to the G20 today. As far as I can see the USA might be considered uncooperative. So might Israel. And maybe Turkey. Whilst St Lucia looks like it may have a tough time too, alongside Nauru and one Read the Rest…

I am a witness before the Finance Committee of the German Parkiament, the Bndestag, today, offering evidence on the impact of tax avoidance and tax evasion on developing countries and the way in which the OECD BEPS proposals are, and are not, changing things. I submitted a paper in advance, which is here, but it Read the Rest…

The FT has reported that: UK property companies are seeking changes to the proposed implementation of a global agreement to fight tax avoidance that is set to add £660m to their annual tax bill. Private equity and infrastructure companies are also among those groups facing additional payments under OECD rules on base erosion and profit Read the Rest…

This is the start of the foreword from a new OECD book on inequality: But, apparently, wishing to address these issues makes you in the eyes of the political elite and those who report to them left wing, a threat to society and unelectable. And that is the paradox at the heart of our economy. Read the Rest…

I have made a submission to the All Party Parliamentary Group on Responsible Taxation this morning in response to its consultation on the Organisation for Economic Cooperation and Development Base Erosion and Profits Shifting process. For those who want to read the full 3,500 words, it’s here. In practice I will be reproducing more digestible chunks of Read the Rest…

The following is reproduced from the Tax Justice Network blog, because of the importance of the findings to which it refers: One of the most obvious failures of the OECD’s BEPS (Base Erosion and Profit Shifting) Action Plan relates to action 11. Here the intention was to draw together existing data to create a baseline Read the Rest…

The following is the summary of the overall assessment of the OECD BEPS package by the BEPS Monitoring Group, of which I am a member. I’d like to thank Prof Sol Picciotto for this work on this and for granting permission to share it: We have now published our General Evaluation of the final outputs of the Read the Rest…